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Solar panel installation costs a national average of $16,500 for a 6kW solar panel system for a 1,500 square ft. home. The price per watt for solar panels can range from $2.50 to $3.50, and largely depends on the home''s geographical area.
You can expect to pay somewhere between $2.50 and $3.50 per watt for solar panel installation when you factor in the cost of materials and labor, according to Angi.
In 2024, the average solar panel cost is $31,558 before factoring in savings from tax credits and solar incentives. Learn more about the cost of solar.
In 2024, an average 11 kW solar panel system costs $22,022 upfront including installation costs and the federal solar tax credit (more on that later). This is a hefty price tag, but when you consider how much you otherwise would''ve spent on electricity, it''s easy to understand why millions of homeowners have gone solar.
Not only are the prices of panels dropping, so are the costs associated with installation, such as permitting and inspection—also known as "soft costs." All of SETO''s funding programs are working toward improving the affordability of solar and making it easier for consumers to choose solar.
The following table breaks down the price for each component based on the national average cost of installing solar panels. You can use the national average as a benchmark when receiving
How much does solar panel installation cost? Installation labor accounts for around 5.5% of the total cost of a residential solar project, according to a 2022 report from the National Renewable Energy Laboratory. That amounts to $1,375 for a $25,000 solar project.
The cost of solar panels ranges anywhere from $8,500 to $30,500 or $2.40 to $3.60 per watt including installation, with the average 6kW solar system falling around $12,700 after applying
According to our solar experts, solar panels cost about $19,000 to install in the United States, on average. While the price tag seems steep, incentives and payment options help make the cost of going solar easier to manage.